If You Are Being Assessed for a Job Through the Presentation

question 163

Multiple Choice

If you are being assessed for a job through the presentation of realistic but difficult work situations, you are taking a(n) __________ test.

• A)situational judgment
• B)managerial applications
• C)vocational interest
• D)aptitude

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Definitions:

Unmet Needs

Desires or requirements of consumers that have not been addressed or satisfied by existing products or services in the market.

Business Models

The strategic plan for how a company will generate revenue, make a profit, and sustain its operations, outlining sources of income, target customer base, products, and details of financing.

Business Model

A conceptual structure that supports the viability of a business and explains how it operates, makes money, and delivers value to stakeholders.

New Venture

The act of embarking on a new business endeavor that typically involves risk and innovation.